Veren Inc T.VRN

Alternate Symbol(s): VRN

Energy Oil & Gas E&P

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.

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Veren Inc > Oil opens flat overseas @ $79

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Comment by Diligent2on Nov 20, 2022 10:41pm

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Post# 35114420

RE:Oil opens flat overseas @ $79

Lets see : Opec+ cut 2m(really matched spr, about 1m) : Hardly any affect, everyone is flooding market before dec.5.

Let us let oil fall to 45: Good plan : NO
Lets encourage OPec+ to cut another temporary 2m to balance the market at 85-90.

After the dust settles we will be at 100 for the forseeable future

Paper market oil 45, real inventories 90-100

I am a buyer

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